Hong Kong Luxury Lugard Road Mansion at The Peak Sold for $107 Million to China Mainland Buyer Valued at $166 Million in October 2023, Likely Buyer is Billionaire & Founder of $48 Billion Shenzhen Mindray Bio-Medical Electronics Xu Hang & Wife Gu Fang with Fortune of $15 Billion

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Hong Kong Luxury Lugard Road Mansion at The Peak Sold for $107 Million to China Mainland Buyer Valued at $166 Million in October 2023, Likely Buyer is Billionaire & Founder of $48 Billion Shenzhen Mindray Bio-Medical Electronics Xu Hang & Wife Gu Fang with Fortune of $15 Billion

25th January 2024 | Hong Kong

Hong Kong luxury Lugard Road Mansion (25-26 A&B Lugard Road) at The Peak had been sold for $107 million (HKD 838 million) to a China Mainland buyer, which was first valued at $166 million (HKD 1.3 billion) in October 2023.  The 11,687 square feet mansion has an unblocked view of Victoria Harbour.  The mansion is acquired under the company Huashengjia Co Ltd, with the name of Director listed as Gu Fang.  The likely buyer is billionaire & founder of Shenzhen Mindray Bio-Medical Electronics (25/1/24: $48 billion market value) Xu Hang & wife Gu Fang, with fortune of $15 billion.  Xu Hang is also the Chairman of Shenzhen Parkland Group (Real Estate, Private Equity) and Gu Fang is the Vice-Chairman of a charitable foundation under Parkland Group.  Born in China, Xu Hang holds a Hong Kong citizenship.  

“ Hong Kong Luxury Lugard Road Mansion at The Peak Sold for $107 Million to China Mainland Buyer Valued at $166 Million in October 2023, Likely Buyer is Founder of $48 Billion Shenzhen Mindray Bio-Medical Electronics Xu Hang & Wife Gu Fang, Personal Fortune of $15 Billion “

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Hong Kong Luxury Lugard Road Mansion at The Peak Sold for $107 Million to China Mainland Buyer Valued at $166 Million in October 2023

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